We own our home, have kept all of our monthly bills up to date and have not defaulted on anything, (maybe a little late but always paid) I have a mortgage, home equity, personal loan a student loan, a auto loan and 2 high credit card bills. We are pretty much at a point where we cannot keep up any more.
I tried to refinance and was turned down because I am a contractor where I work not a full employee.
Will any company refinance my loans if I am a contractor where I work? Where else can I turn, I have contacted CCCS, but I am so leary of giving them my personal info. What can I do?
I strongly suggest that you put a loan application on LendingClub.com and see what rates you can get. With LendingClub it doesn’t matter if you are a contractor and people from all over will chip in to fund part of your loan to spread their risk and help you get funded with others won’t. LendingClub is a peer-to-peer lending network.
If that does work out for you, come back and let me know with an update and we will then move on to Plan B.